Bitcoin Reorg and Miner Issues Cause 12% STX Token Drop as Stacks Network Halts
Stacks, a layer-2 scaling network for Bitcoin, experienced an unprecedented interruption as block production halted for almost nine hours on Friday. The temporary stoppage resulted from a Bitcoin reorganization (reorg) alongside unexpected miner behavior, significantly impacting the Stacks ecosystem. The incident triggered a notable 12% decline in the STX token price within 24 hours, reflecting […]